Tax agreements with Guernsey and Isle of Man. Welcome!!!

Two new bilateral arrangements for the exchange of information for tax purposes, between Guernsey and the Netherlands and between the Isle of Man and Ireland have been signed, as reported by the OECD.

This bring to fourteen the number of such agreements signed since the beginning of 2007 by jurisdictions committed to work with OECD countries. Other negotiations are ongoing and are expected to lead to further new agreements shortly.

The agreement with the Netherlands is the second such agreement signed by Guernsey, which concluded an agreement with the United States in 2002. For the Isle of Man, the agreement with Ireland is its tenth tax information exchange agreement.

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